ESGL Holdings Limited (NASDAQ:ESGL) Short Interest Down 37.6% in January

ESGL Holdings Limited (NASDAQ:ESGL) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 11,193 shares, a decrease of 37.6% from the December 31st total of 17,926 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 14,388 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 14,388 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are sold short.

ESGL Trading Up 0.9%

NASDAQ:ESGL opened at $3.53 on Friday. ESGL has a one year low of $0.90 and a one year high of $4.32. The firm’s 50 day simple moving average is $3.94 and its 200 day simple moving average is $3.59.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ESGL in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ESGL stock. Citadel Advisors LLC acquired a new stake in ESGL Holdings Limited (NASDAQ:ESGL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,623 shares of the company’s stock, valued at approximately $64,000.

About ESGL

ESGL Holdings Limited provides waste solutions. It regenerates industrial waste into circular products using technologies and renewable energy. The company was founded in 1999 and is based in Singapore.